2023-03-31-accounts - Food Exeter

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Trustees’ Annual Report for the period

From 01.04.22 Period start date To 31.03.23 Period end date

Charity name: FOOD EXETER

Charity registration number: 1182605

Objectives and Activities

	SORP reference
Summary of the purposes of the charity as set out in its governing document	Para 1.17	1. TO ADVANCE EDUCATION FOR THE BENEFIT OF THE PUBLIC OF EXETER AND THE SURROUNDING AREA IN ISSUES RELATING TO FOOD: INCLUDING HEALTH, ETHICS, ECONOMIC AND SOCIAL STUDIES, SCIENCE, PUBLIC POLICY. 2. TO PROTECT AND PRESERVE THE GOOD HEALTH OF PEOPLE WHO ARE DISADVANTAGED BY ENCOURAGING THE DEVELOPMENT OF HEALTHIER LIFESTYLES THROUGH THE PROVISION OF PRACTICAL TRAINING, EDUCATION, INFORMATION AND SUPPORT ON NUTRITION, HEALTHY EATING AND THE IMPORTANCE OF A HEALTHY DIET TO EQUIP SUCH PERSONS TO MAKE MORE INFORMED HEALTH AND DIETARY CHOICES, LEADING TO AN IMPROVEMENT IN THEIR QUALITY OF LIFE. 3. TO PROMOTE SUSTAINABLE DEVELOPMENT FOR THE BENEFIT OF THE PUBLIC BY: I. THE PRESERVATION, CONSERVATION AND THE PROTECTION OF THE ENVIRONMENT AND THE PRUDENT USE OF NATURAL RESOURCES; II. THE RELIEF OF POVERTY AND THE IMPROVEMENT OF THE CONDITIONS OF LIFE IN SOCIALLY AND ECONOMICALLY DISADVANTAGED COMMUNITIES; III. THE PROMOTION OF SUSTAINABLE MEANS OF

		ACHIEVING ECONOMIC GROWTH AND REGENERATION; IV. TO ADVANCE THE EDUCATION OF THE PUBLIC IN SUBJECTS RELATING TO SUSTAINABLE DEVELOPMENT AND THE PROTECTION, ENHANCEMENT AND REHABILITATION OF THE ENVIRONMENT AND TO PROMOTE STUDY AND RESEARCH IN SUCH SUBJECTS, PROVIDED THAT THE USEFUL RESULTS OF SUCH STUDY ARE DISSEMINATED TO THE PUBLIC AT LARGE. ‘SUSTAINABLE DEVELOPMENT’ MEANS DEVELOPMENT WHICH MEETS THE NEEDS OF THE PRESENT WITHOUT COMPROMISING THE ABILITY OF FUTURE GENERATIONS TO MEET THEIR OWN NEEDS.
Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts.	Para 1.17 and 1.19	RESEARCH ON CREATING LOCAL FOOD CENTRE TO IMPROVE EQUITABLE ACCESS TO SUSTAINABLE FOOD TO ALL IN EXETER, AND REDUCE ENVIRONMENTAL IMPACT OF FOOD PRODUCTION AND DISTRIBUTION
Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit	Para 1.18	WE CONFIRM THE TRUSTEES HAVE HAD REGARD TO THE GUIDANCE ISSUED BY THE CHARITY COMISSION ON PUBLIC BENEFIT

Additional information (optional) You may choose to include further statements where relevant about:

SORP reference Para 1.38 Policy on grant making Para 1.38 Policy on social investment including program related investment Para 1.38 Contribution made by volunteers

Other

Achievements and Performance

	SORP reference
Summary of the main achievements of the charity, identifying the difference the charity’s work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole.	Para 1.20	Exeter Local Food Centre Our work from last year is ongoing, With funding from the Conscience Trust, Food Exeter has been exploring the feasibility of creating a ‘local food centre’. Our research has shown that there is a significant need for a better and more efficient supply of ethically-produced local food to businesses and consumers in Exeter, and to increase the production of organic and agro-ecological food. The purpose of the centre will be to reduce distribution costs and make sustainable local food more available, by acting as an aggregator of supply and demand. It will guarantee a market to local suppliers, and a regular and reliable supply of fresh local produce to retailers, individuals, catering establishments and more. Through economies of scale it will be able to achieve cost-savings and pass these on to customers whilst paying producers fairly. We are now seeking other partners to take this project forward due to lack of capacity.

Additional information (optional) You may choose to include further statements where relevant about:


Achievements against objectives set	Para 1.41
Performance of fundraising activities against objectives set	Para 1.41
Investment performance against objectives	Para 1.41
Other

Financial Review

Financial Review
Review of the charity’s financial position at the end of the period	Para 1.21	THE CHARITY HOLDS A SMALL AMOUNT OF FUNDS IN RESERVE IN LINE WITH OUR POLICY
Statement explaining the policy for holding reserves stating why they are held	Para 1.22	Ensure 3 months’ basic running costs in unrestricted funding.
Amount of reserves held	Para 1.22	304
Reasons for holding zero reserves	Para 1.22	N/A
Details of fund materially in deficit	Para 1.24	N/A
Explanation of any uncertainties about the charity continuing as a going concern	Para 1.23

Additional information (optional) You may choose to include further statements	Additional information (optional) You may choose to include further statements	where relevant about:
The charity’s principal sources of funds (including any fundraising)	Para 1.47	DONATIONS
Investment policy and objectives including any social investment policy adopted	Para 1.46
A description of the principal risks facing the charity	Para 1.46
Other

Structure, Governance and Management

Description of charity’s trusts:
Type of governing document (trust deed, royal charter)	Para 1.25
How is the charity constituted? (e.g unincorporated association, CIO)	Para 1.25
Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees	Para 1.25

Additional information (optional)

You may choose to include further statements where relevant about:


Policies and procedures adopted for the induction and training of trustees	Para 1.51
The charity’s organisational structure and any wider network with which the charity works	Para 1.51
Relationship with any related parties	Para 1.51
Other

Reference and Administrative details

Charity name	FOOD EXETER
Other name the charity uses
Registered charity number	1182605
Charity’s principal address	c/o St Sidwell’s Centre Sidwell Street Exeter EX4 6NN

Names of the charity trustees who manage the charity

Trustee name	Office (if any)	Dates acted if not for whole year
Dominic Acland	Chair	22.09.22 - ongoing
Rebecca Sandover
Iona Collins	Secretary
Lynn Wetenhall		Until 22.09.22

– Corporate trustees names of the directors at the date the report was approved

Director name

Name of trustees holding title to property belonging to the charity

Trustee name Dates acted if not for whole year

Funds held as custodian trustees on behalf of others

Description of the assets held in this capacity Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for safe custody and segregation of such assets from the charity’s own assets

Additional information (optional)

Names and addresses of advisers (Optional information)

Type of	Name	Address
adviser

Name of chief executive or names of senior staff members (Optional information)

Exemptions from disclosure

Reason for non-disclosure of key personnel details

Other optional information

Declarations

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

Signature(s) Full name(s) Position (eg Secretary, Chair, etc) Date
	Iona Collins
	Secretary
	25.01.24
	25.01.24

COMPANY NUMBER CE016923

FOOD EXETER

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD

1 APRIL 2022 TO 31 MARCH 2023

COMPANY NUMBER CE016923

FOOD EXETER

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE PERIOD 1 APRIL 2022 TO 31 MARCH 2023

CIO Information Profit and Loss Balance Sheet Notes to the financial statements

COMPANY NUMBER CE016923

FOOD EXETER

CIO INFORMATION

FOR THE PERIOD 1 APRIL 2021 TO 31 MARCH 2022

TRUSTEES:

Dominic Acland Rebecca Jane Sandover Iona Padel Collins

REGISTERED OFFICE: St Sidwell’s Centre Sidwell Street Exeter EX4 6NN REGISTERED NUMBER: CE016923 CHARITY NUMBER: 1182605

COMPANY NUMBER CE016923

FOOD EXETER

INCOME AND EXPENDITURE ACCOUNT

YEAR ENDED 31 MARCH 2022

INCOME Incoming resources from generated funds Voluntary income: Unrestricted Funds Restricted Funds Other voluntary Income TOTAL INOME	*2022* *Notes:* £ 197 5500 0 *5697*	*2023* £ 91 0 0
		91

EXPENDITURE

COMPANY NUMBER CE016923

Charitable

activities:

Projects Staffing Costs Travel and accommodation Office expenses Administration Governance Depreciation TOTAL EXPENDITURE CUMULATIVE FUND BALANCE INCLUDING RESERVES Balance brought forward 1 April Add Total Income Less Total Expenditure Balance carried forward 31st March	3000 8285 0 598 0 0 0 *11883* 13675 5697 11883 *7489*	0 1939 0 403 0 0 0
		2349 7489 91 2349
		5231

FOOD EXETER

BALANCE SHEET AS AT 31 MARCH 2023

COMPANY NUMBER CE016923

FIXED ASSETS Tangible assets CURRENT ASSETS Debtors Cash in bank and at hand CURRENT LIABILITIES NET ASSETS FUNDS OF THE CHARITY Restricted Funds Unrestricted Funds Capital Account Carried Forward	*2022* *Notes:* £ 0 1 0 7489 2 0 3 7489 7276 213	*2023* £ 0 5231 0
		5231 4927 304
	7489	5231

FOOD EXETER

NOTES TO THE FINANCIAL STATEMENTS

COMPANY NUMBER CE016923

BALANCE SHEET AS AT 31 MARCH 2022

1Fixed Assets Equipment at cost Depreciation charge Net book value 2Cash in Hand Current Account CAF Gold 3Accruals -	2022 2023 £ £ 0 0 0 0
	0 0 6988 4727 501 504
	0 0

ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention in accordance with the Financial Reporting Standard for Smaller Entities (effective 2008).